calendar year

noun

Updated on: 12 Apr 2018

1 : a period of a year beginning and ending with the dates that are conventionally accepted as marking the beginning and end of a numbered year

2 : a period of time equal in length to that of the year in the calendar conventionally in use

See calendar year defined for English-language learners

Recent Examples of calendar year from the Web

Nelson, who is seeking a fourth six-year term in the Senate, started the calendar year with $8 million in the bank.

— terence burlij, CNN, "Senate Key Race alerts: Florida now a Toss-Up while Tennessee is Lean Republican," 9 Apr. 2018
Plus a few sessions every calendar year isn't so steep a price.

— garrett munce, GQ, "I Got a Facial and Now I'm a Golden God," 8 Apr. 2018
According to auditors, nearly 169 million transcripts were issued during calendar years 2014 through 2016.

— kenneth r. harney, miamiherald, "‘Tax transcript’ program doesn’t shield borrowers’ data | Miami Herald," 5 Apr. 2018
For 2018, the district changed its fiscal year from May 1 to April 30 to the standard calendar year, Munn said.

— alexandra kukulka, chicagotribune.com, "Northbrook Park District budget anticipates $3.5M in capital projects," 30 Mar. 2018
If all goes well, state officials hope to present a renovation plan to Gov. John Bel Edwards and the state legislature sometime during the next calendar year.

— jeff duncan, NOLA.com, "State officials take another step in plan to renovate Superdome," 30 Mar. 2018
The pinnacle was in 2009, when Barca won six trophies in a calendar year, a feat which has never been matched.

— SI.com, "Manchester City Planning Shock Swoop to Reunite Barcelona Legend With Former Boss Pep Guardiola," 4 Mar. 2018
Moscow has worked with Iran and Turkey to conduct parallel peace talks in Astana, Kazakhstan, and the Russian city of Sochi as the civil war stretches into its seventh calendar year.

— louisa loveluck, Washington Post, "New chemical attacks reported in Syria, and Trump administration blames Russia," 23 Jan. 2018
Miss Bel Air may also appear in official or charitable events throughout the calendar year, through Dec. 31, including the annual Town of Bel Air Christmas Parade.

— staff report, The Aegis, "Gabrielle Kerby named Ms. Bel Air, will lead town's annual July 4 celebration," 26 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'calendar year.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of calendar year

1689

Financial Definition of CALENDAR YEAR

calendar year

noun

What It Is

The calendar year is the period between January 1 and December 31.

How It Works

If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December 31, then Company XYZ's fiscal year is said to be on a calendar year basis. Many companies align their fiscal years with the calendar year, but many don't. For example, Company 123 might start its fiscal year on October 1 and end on September 30.

Why It Matters

It is important for investors to know whether a company uses the calendar year or another period for their fiscal year, especially when comparing companies in seasonal industries.

Source: Investing Answers